Miami-Fort Lauderdale, Florida priced at$29,000 in 1996$67,491.92 in 2026

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1996-2026 ($29,000)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 132.73% higher in 2026 versus 1996 (a $38,491.92 difference in value).

Between 1996 and 2026:Miami-Fort Lauderdale, Florida experienced an average inflation rate of 2.86% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $29,000 in the year 1996 would cost $67,491.92 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1996: Pricing changed by 3.18%, which is above the average yearly change for miami-fort lauderdale, florida during the 1996-2026 time period. Compared to inflation for all items in 1996 (2.93%), inflation for miami-fort lauderdale, florida was higher.

Price Inflation for Miami-Fort Lauderdale, Florida since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

View price changes for other categories
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Buying power of $29,000.00 since 1996

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $29,000 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$29,000.003.18%
1997$29,942.093.25%
1998$30,332.791.30%
1999$30,680.951.15%
2000$31,695.513.31%
2001$32,680.143.11%
2002$33,149.611.44%
2003$34,109.032.89%
2004$35,024.342.68%
2005$36,669.064.70%
2006$38,490.224.97%
2007$40,058.014.07%
2008$41,983.794.81%
2009$41,816.51-0.40%
2010$42,153.950.81%
2011$43,587.953.40%
2012$44,440.221.96%
2013$44,992.821.24%
2014$45,940.912.11%
2015$46,395.480.99%
2016$47,199.741.73%
2017$48,459.982.67%
2018$50,097.333.38%
2019$50,975.011.75%
2020$51,444.850.92%
2021$53,558.314.11%
2022$58,635.749.48%
2023$63,324.508.00%
2024$65,671.623.71%
2025$67,224.922.37%
2026$67,491.920.40%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965347.380355.597357.009

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1996* 1996 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 153.400 in the year 1996 and 357.009 in 2026:

357.009 / 153.400* $29,000 = $67,491.92

Therefore, according to U.S. Bureau of Labor Statistics, $29,000 in 1996 has the same "purchasing power" as $67,491.92 in 2026 (in the CPI category of Miami-Fort Lauderdale, Florida).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miami-Fort Lauderdale, Florida in 1977. In addition to miami-fort lauderdale, florida, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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